March 17, 2018 2:55 PM ET

Thrifts and Mortgage Finance

Company Overview of Cenlar FSB

Company Overview

Cenlar FSB, a federally chartered savings bank, provides mortgage loan servicing and subservicing in the United States and its territories. It focuses on residential mortgage servicing. The company offers loan servicing solutions, and third-party mortgage subservices. It also provides subservicing programs, which include customer communications and support, escrow administration, cash management, investor accounting and reporting, default administration, payoffs and satisfactions, special products, and regulatory compliance and reporting. In addition, it offers comprehensive reporting on various aspects of subservicing relationship, including call statistics, customer request turnaround time...

425 Phillips Boulevard

Trenton, NJ 08618

United States

Founded in 1912





Key Executives for Cenlar FSB

Chairman, President & CEO
Chief Financial Officer and Executive Vice President
Executive VP & Chief Information Officer
Age: 53
Senior VP & Corporate Counsel
Senior Vice President of Business Development
Compensation as of Fiscal Year 2017.

Cenlar FSB Key Developments

Cenlar FSB Presents at 2017 Philadelphia CIO Executive Leadership Summit, Nov-09-2017 03:30 PM

Cenlar FSB Presents at 2017 Philadelphia CIO Executive Leadership Summit, Nov-09-2017 03:30 PM. Venue: Ritz-Carlton Philadelphia, Philadelphia, Pennsylvania, United States. Speakers: Robert Lux, Executive VP & Chief Information Officer.

Cenlar FSB Appoints Rob Lux as Executive Vice President and Chief Information Officer, Effective October 2, 2017

Gregory S. Tornquist, President and CEO of Cenlar FSB a federally chartered savings bank specializing in mortgage subservicing, announced the appointment of Rob Lux to the position of Executive Vice President and Chief Information Officer (CIO). Mr. Lux will join Cenlar on October 2nd and will assume responsibility for providing overall technology strategy and oversight of Cenlar's Information Systems to all areas of the company with regard to new and existing technology. Before joining Cenlar, he worked at Freddie Mac as an EVP, Chief Information Officer.

Citigroup Plans To Exit U.S. Mortgage Servicing Operations By 2018

Citigroup Inc. (NYSE:C) plans to exit U.S. mortgage servicing operations by 2018. Citigroup said it will be selling its mortgage servicing rights on about 780,000 Fannie Mae and Freddie Mac loans of non-Citibank retail customers to New Residential Mortgage LLC. The remaining Citi-owned loans and other mortgage servicing rights not sold to NRZ are expected to be transferred to Cenlar FSB in 2018.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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